The expansion includes the anticipated opening of Grand Hyatt Al Khobar, marking the first Grand Hyatt branded hotel in the kingdom, set to open later this year. The expected opening of Jabal Omar Hyatt Centric Makkah Hotel and Residences will mark the entry of the Hyatt Centric brand into the country. Additionally, Hyatt Regency Jeddah Serafi Mall is slated for a 2021 opening and a dual-branded Hyatt Place and Hyatt House Riyadh/KAFD is slated for 2022.
“Saudi Arabia is one of the fastest-growing religious tourism markets in the world and one of Hyatt’s primary focus areas within the Middle East,” said Ludwig Bouldoukian, regional vice-president of development, Middle East and North Africa for Hyatt. “Saudi Arabia continues to make significant strides in boosting tourism and infrastructure in a bid to diversify the economy. The ambitious expansion of Hyatt brands cement Hyatt’s brand presence, both amongst Gulf residents and the increasing number of international travellers visiting Saudi Arabia.”
Hyatt’s growth strategy is aligned with Saudi Arabia’s “Vision 2030,” which focuses on increasing tourism and the kingdom’s economy. The anticipated new properties reinforce Hyatt’s ongoing commitment to developing its brand pipeline, with the current portfolio consisting of Park Hyatt Jeddah, Jabal Omar Hyatt Regency Makkah, Hyatt Regency Riyadh Olaya, Hyatt Place Riyadh Al Sulaimania and Hyatt House Jeddah Sari Street.
“Hyatt has established a strong brand reputation in Saudi Arabia and the wider Middle East by consistently delivering premium service,” said Kurt Straub, vice-president of operations, Middle East, Africa and South West Asia for Hyatt. “By identifying the needs of local and international high-end travellers, we will continue this journey of excellence by offering memorable experiences, complemented by impeccable service standards.”